LEG & GEN GRP P/S (OTCMKTS:LGGNY) Rating Reiterated by Deutsche Bank
Deutsche Bank restated their buy rating on shares of LEG & GEN GRP P/S (OTCMKTS:LGGNY) in a research note released on Monday, The Fly reports.
Several other research firms have also weighed in on LGGNY. Bank of America upgraded LEG & GEN GRP P/S from a neutral rating to a buy rating in a research report on Monday, July 13th. Zacks Investment Research cut shares of LEG & GEN GRP P/S from a hold rating to a sell rating in a report on Thursday, July 16th. lowered shares of LEG & GEN GRP P/S from a buy rating to a neutral rating in a research note on Tuesday, June 9th. ValuEngine cut shares of LEG & GEN GRP P/S from a sell rating to a strong sell rating in a research report on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. reissued a neutral rating on shares of LEG & GEN GRP P/S in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $14.00.
LEG & GEN GRP P/S stock opened at $15.23 on Monday. LEG & GEN GRP P/S has a fifty-two week low of $7.94 and a fifty-two week high of $21.35. The stock’s 50 day simple moving average is $14.17 and its two-hundred day simple moving average is $14.46. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.27 and a current ratio of 3.27. The stock has a market cap of $17.93 billion, a price-to-earnings ratio of 7.81 and a beta of 1.56.
Legal & General Group Plc provides various insurance products and services worldwide. It operates in Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), and General Insurance (GI) segments.
Recommended Story: Earnings Reports
Receive News & Ratings for LEG & GEN GRP P/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LEG & GEN GRP P/S and related companies with MarketBeat.com's FREE daily email newsletter.